olivLaw · European equity research
Motorpoint Group Plc MOTR.L
United Kingdom · London Stock Exchange · ISIN GB00BD0SFR60 · Vertical: Listed companies from United Kingdom
Motorpoint Group is a British used-car dealer selling vehicles through stores, a call centre and digital channels, as well as through the Auction4Cars.com wholesale platform. In fiscal 2026 the company reported its highest retail sales volume on record, in a consumer market where demand has been fragile, so its trajectory is closely watched. Revenue reached £1268.6m, while retail volume grew 7.8% to 64.6k vehicles.
At the close of 05 Nov 2026, Motorpoint Group Plc (MOTR.L) stock was 1.44 GBP (−2.38% on the day), with market capitalisation 121.8 m GBP, P/E 21.7 on diluted EPS of 0.07 GBP over the last 12 months, dividend yield 1.39%, beta 0.15, 52-week range 1.11–1.57 GBP.
Data as of · AI analysis dated · Source: ESEF annual reports and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 53.5
- neutral
- Bollinger (20, 2)
- 1.38 – 1.48
- in the upper half of the band · %B 0.55 · band width 6.8%
- SMA 50 / 200
- 1.38 / 1.31
- uptrend (price > SMA50 > SMA200)
- MACD (12, 26, 9)
- 0.02 / 0.02
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | EURO STOXX 50 | vs EURO STOXX 50 | Vertical median | |
|---|---|---|---|---|
| 1 month | +1.1% | −0.6% | +1.7 pp | — |
| 3 months | +19.6% | −4.2% | +23.8 pp | — |
| 6 months | +12.1% | +4.3% | +7.8 pp | — |
| Year to date | +7.9% | +7.5% | +0.4 pp | — |
| 1 year | −6.8% | +9.9% | −16.7 pp | +5.8% |
| 3 years | +79.4% | +49.8% | +29.5 pp | +26.3% |
| 5 years | −57.2% | +42.8% | −100.0 pp | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 50 percentile of its own 2-quarter history (min 18.0, median 26.4, max 34.8; quarters with earnings only).
Fiscal years
| Fiscal year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 1.1 bn | 1.2 bn | 1.3 bn |
| Revenue YoY | unavailable | +8.0% | +8.1% |
| Net income | -8.4 m | 3.2 m | 5.6 m |
| Net income YoY | unavailable | unavailable | +75.0% |
| Diluted EPS | -0.09 | 0.04 | 0.07 |
| Diluted EPS YoY | unavailable | unavailable | +83.3% |
| net % | -0.8% | 0.3% | 0.4% |
| Free cash flow | unavailable | unavailable | unavailable |
Balance sheet & financial health
Fiscal year 2026 · 31 Mar 2026
- Cash
- 5.2 m GBP
- Financial debt
- 14.0 m GBP
- Net debt
- 8.8 m GBP
- Equity
- 26.0 m GBP
- Total assets
- 299.2 m GBP
- Debt / equity
- 0.54x
- Current ratio
- 1.00x
- ROE
- 21.2%
- ROA
- 2.1%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (GBP)
Margins
Income statement · GBP
| Line | 2024 | 2025 | 2026 | Source (latest year) |
|---|---|---|---|---|
| Revenue | 1.1 bn | 1.2 bn | 1.3 bn | esef· 25 Jun 2026verified |
| Cost of revenue | 1.0 bn | 1.1 bn | 1.2 bn | esef· 25 Jun 2026verified |
| Gross profit | 73.1 m | 90.8 m | 98.9 m | esef· 25 Jun 2026verified |
| Operating income | -600.0 k | 13.5 m | 17.8 m | esef· 25 Jun 2026verified |
| Interest expense | 9.8 m | 9.4 m | 10.3 m | esef· 25 Jun 2026verified |
| Pre-tax income | -10.4 m | 4.1 m | 7.5 m | esef· 25 Jun 2026verified |
| Income tax | -2.0 m | 900.0 k | 1.9 m | esef· 25 Jun 2026verified |
| Net income | -8.4 m | 3.2 m | 5.6 m | esef· 25 Jun 2026verified |
| Diluted EPS | -0.09 | 0.04 | 0.07 | esef· 25 Jun 2026verified |
| Dividend per share | — | 0.00 | 0.02 | esef· 25 Jun 2026derived |
Balance sheet · GBP
| Line | 2024 | 2025 | 2026 | Source (latest year) |
|---|---|---|---|---|
| Cash | 9.2 m | 6.6 m | 5.2 m | esef· 25 Jun 2026verified |
| Receivables | 19.2 m | 13.4 m | 17.0 m | esef· 25 Jun 2026verified |
| Inventories | 102.4 m | 151.4 m | 194.1 m | esef· 25 Jun 2026verified |
| Current assets | 133.4 m | 171.4 m | 216.3 m | esef· 25 Jun 2026verified |
| Property, plant & equipment, net | 8.8 m | 15.4 m | 22.2 m | esef· 25 Jun 2026verified |
| Total assets | 200.4 m | 242.1 m | 299.2 m | esef· 25 Jun 2026verified |
| Accounts payable | 107.1 m | 155.2 m | 192.4 m | esef· 25 Jun 2026verified |
| Short-term debt | — | 0 | 14.0 m | esef· 25 Jun 2026verified |
| Current liabilities | 113.7 m | 161.7 m | 215.5 m | esef· 25 Jun 2026verified |
| Total liabilities | 169.3 m | 215.2 m | 273.2 m | esef· 25 Jun 2026verified |
| Equity | 31.1 m | 26.9 m | 26.0 m | esef· 25 Jun 2026verified |
| Shares outstanding at year end | 90.3 m | 86.5 m | 84.8 m | esef· 25 Jun 2026derived |
Cash flow · GBP
| Line | 2024 | 2025 | 2026 | Source (latest year) |
|---|---|---|---|---|
| Operating cash flow | 11.1 m | 19.4 m | 8.4 m | esef· 25 Jun 2026verified |
| Investing cash flow | -2.6 m | -7.3 m | -10.3 m | esef· 25 Jun 2026verified |
| Financing cash flow | -4.9 m | -14.7 m | 500.0 k | esef· 25 Jun 2026verified |
| Dividends paid | — | 0 | 1.7 m | esef· 25 Jun 2026verified |
| Share repurchases | 300.0 k | 4.7 m | 5.0 m | esef· 25 Jun 2026verified |
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- score weight coverage: 43.8% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
05 Nov 2026Source: olivLaw, closing series
Market cap: 121.8 m GBP
Key indicators
Coverage and freshness
Score by group
44% · Insufficient data
Estimated value range
unavailable — no valuation assumptions for the reporting currency
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
Assumptions (illustrative, editorial)
- Risk-free rate
- 6.5%
- Equity risk premium
- 6.0%
- Beta (default)
- 1.00
- Cost of equity
- 12.5%
- Terminal growth
- 3.0%
Factor scorecard
Insufficient data
Minimum-evidence gate: score weight coverage: 43.8% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | 48.2% | 92 (vs peers) | 24% |
| Net margin · Quality | 0.4% | 26 (vs peers) | 14% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | 1.7x | 4 (on a fixed band) | 14% |
| Current ratio · Balance sheet | 1.0x | 17 (on a fixed band) | 10% |
| P/E (TTM) · Valuation | 21.7x | 28 (vs peers) | 24% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | 5.5% | 79 (on a fixed band) | 14% |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet9/100 · 2/3 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality67/100 · 2/3 factors with a value
- Returns· partial79/100 · 1/2 factors with a value
- Valuation· partial28/100 · 1/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
MOTORPOINT GROUP PLC (MOTR.L). Latest full fiscal year: 2026; data up to 2026-03-31.
Figures computed from the financial statements: revenue 1.3 bn GBP in 2026; YoY growth 8.1%; net margin 0.4%; ROE 21.2%.
The estimated value range is 0.47–0.70 GBP per share (median of 2 methods, agreement: low); assumptions are illustrative. Against the central value of 0.58 GBP, the price of 1.44 GBP leaves a potential of -59.3% (value / price − 1) and a margin of safety of -145.5% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (score weight coverage: 43.8% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- ROIC: 48.2%
- Shareholder yield (distributions): 5.5%
What contradicts it
- Net margin: 0.4%
- Interest coverage: 1.7x
- Current ratio: 1.0x
- P/E (TTM): 21.7x
- The price is above the estimated value range
- The valuation methods diverge
Not assessed (insufficient data or a ratio without meaning): FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, EV/EBITDA, FCF yield, Payout ratio (FCF).
Versus the vertical median
Listed companies from United Kingdom · same country · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| BATS.LBritish American Tobacco P.L.C. | 104.3 bn | 13.5 | 16.5% | 30.3% | −1.0% | +7% / +88% |
| ABF.LAssociated British Foods PLC | 14.7 bn | 14.3 | 9.2% | 5.3% | −3.1% | −5% / −15% |
| 0EV1.LCarnival PLC | 5.5 bn | 4.1 | 46.7% | 13.4% | +6.4% | unavailable / unavailable |
| BAB.LBabcock International Group PLC | 5.1 bn | 24.7 | 34.7% | 4.1% | +7.2% | −10% / +158% |
| AUTO.LAutotrader Group PLC | 4.8 bn | 16.4 | 60.2% | 47.1% | +3.9% | −13% / −23% |
| BBY.LBalfour Beatty PLC | 4.2 bn | 16.3 | 23.2% | 2.8% | +15.2% | +20% / +160% |
| ABDN.LAberdeen Group PLC | 4.1 bn | 10.8 | 8.0% | 28.9% | −2.1% | +11% / +41% |
| BKG.LThe Berkeley Group Holdings PLC | 3.6 bn | 11.3 | 8.8% | 13.4% | −4.2% | −0% / −22% |
| BME.LB&M European Value Retail PLC | 2.9 bn | 17.4 | 21.2% | 2.8% | +3.7% | +68% / −51% |
| AJB.LAj Bell PLC | 2.4 bn | 22.8 | 49.9% | 33.1% | +18.0% | +8% / +128% |
| ASHM.LAshmore Group PLC | 1.4 bn | 13.9 | 13.1% | 71.6% | −0.1% | +28% / +18% |
| BCG.LBaltic Classifieds Group PLC | 1.2 bn | 23.2 | 15.8% | 57.6% | +6.9% | −99% / −99% |
| APN.LApplied Nutrition PLC | 763.6 m | 36.2 | 41.2% | 19.7% | +24.2% | +71% / unavailable |
| BAG.LA.G. Barr P.L.C. | 671.9 m | 14.4 | 14.4% | 10.8% | +4.0% | −7% / +26% |
| ASC.LAsos PLC | 494.5 m | — | -81.3% | -12.0% | −14.7% | +71% / +8% |
| ALFA.LAlfa Financial Software Holdings PLC | 486.8 m | 16.3 | 61.5% | 23.8% | +15.3% | −28% / +10% |
| AML.LAston Martin Lagonda Global Holdings PLC | 344.3 m | — | -93.4% | -39.2% | −20.6% | −45% / −85% |
| MOTR.LMotorpoint Group PLC | 121.8 m | 21.7 | 21.2% | 0.4% | +8.1% | +2% / +77% |
| APTD.LAptitude Software Group PLC | 111.3 m | 28.5 | 7.2% | 6.2% | −7.3% | −30% / −23% |
| AMGO.LAmigo Holdings PLC | 9.9 m | — | — | — | −81.9% | +325% / +844% |
| ASBE.LAssociated British Engineering PLC | 605.3 k | — | -19.1% | — | unavailable | unavailable / unavailable |
| AMIF.LAmicorp Fs (uk) PLC | 221.6 k | 0.1 | 27.5% | 9.1% | +8.1% | unavailable / unavailable |
| AAF.LAirtel Africa PLC | — | — | 24.1% | 10.6% | +29.5% | −7% / +164% |
| AAL.LAnglo American PLC | — | — | -19.3% | -20.2% | +4.5% | +30% / +76% |
| ACG.LAcg Metals Limited | — | — | -80.3% | -32.0% | +134.8% | +60% / +63% |
1- and 3-year price returns: for MOTR.L from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (GBP)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 0.88 Total return -38% · Per year -38% | 1.55 Total return 10% · Per year 10% | 2.33 Total return 64% · Per year 64% |
| 3 years | 0.92 Total return -33% · Per year -12% | 1.81 Total return 31% · Per year 10% | 2.99 Total return 114% · Per year 29% |
| 5 years | 0.96 Total return -27% · Per year -6% | 2.12 Total return 57% · Per year 9% | 3.82 Total return 178% · Per year 23% |
- Exit P/E± 0.45
- Net margin± 0.32
- Annual revenue growth± 0.25
- Annual dilution± 0.03
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Motorpoint Group is a British used-car dealer selling vehicles through stores, a call centre and digital channels, as well as through the Auction4Cars.com wholesale platform. In fiscal 2026 the company reported its highest retail sales volume on record, in a consumer market where demand has been fragile, so its trajectory is closely watched. Revenue reached £1268.6m, while retail volume grew 7.8% to 64.6k vehicles.
SWOT
Strengths
- The company reported record retail sales volume and growth stronger than the market, showing a good ability to attract customers.
- Data and AI-led pricing supported record margins per vehicle and efficient stock management.
- The dual model of retail and wholesale sales provides diversification against swings in a single channel.
Weaknesses
- High interest rates reduced finance take-up, and commission income remains below historic levels.
- Gross margin is thin, leaving little room for error if prices fall or costs rise.
- Net debt rose compared with the prior year, reflecting investment in stock and new stores.
Opportunities
- Opening new stores, such as the Leeds store, could extend geographic reach and sales volume.
- Developing digital channels and ancillary products could improve profit per vehicle.
- If interest rates fall, finance take-up could recover, positively affecting commissions.
Threats
- Economic uncertainty could reduce consumer demand for used vehicles.
- Tighter car finance regulation could change commission structures and selling practices.
- The transition to electric vehicles could change the stock available in the used market.
Risks
- Interest rates and financehigh
High interest rates could continue to weigh on finance income and on the cost of financed stock.
- Consumer demandmedium
A return of economic uncertainty could reduce demand for vehicles in coming periods.
- Indebtednessmedium
Higher net debt, following investment in stock and stores, could limit financial flexibility if sales slow.
- Finance regulationmedium
Regulatory changes on commissions and their disclosure could affect finance income.
- Energy transition of the vehicle fleetlow
A ban on new petrol and diesel car sales could change the availability and price of used stock over the longer term.
Investment thesis
What would need to be true (bull case)
- Rising retail sales volume, combined with stable margins and data-led pricing, could support profitable growth if demand stays solid.
- Opening new stores could widen the customer base and support revenue growth over the medium term.
- Cost control, with operating expenses growing more slowly than gross profit, could strengthen profit margins if the trend continues.
What would break the thesis
- If interest rates stay high, finance income could remain below historic levels and press profitability.
- Thin gross margins leave little room for error, and a fall in prices could reduce profit quickly.
- Higher net debt and larger stock holdings could become a burden if sales slow during periods of economic uncertainty.
What to watch
- Trend in retail sales volume and gross marginQ1 2027
- Customer finance take-up after the commission disclosure change2027
- Level of net debt and stock at year endnext 10-K
- Performance of the Leeds store, opening in summer 20262027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
Motorpoint Group Plc sells used vehicles through two main revenue streams: retail sales to consumers via stores, a call centre and digital channels, and wholesale sales via the Auction4Cars.com website, where vehicles part-exchanged by retail customers or bought directly from consumers are sold. In fiscal 2026, retail revenue was £1130.8m and wholesale revenue £137.8m 1. The company also invested in new locations, opening a store in Norwich and announcing its 22nd store, in Leeds 1.
Profitability rose moderately: gross margin reached 7.8% and retail gross profit per unit was £1368 1. Operating expenses grew more slowly than gross profit, which helped profit before taxation rise sharply 1. Stock management and data-led pricing remained central to the business model 1.
The company is listed on the London Stock Exchange and reports in sterling. Management noted that net debt excluding lease liabilities stood at £8.8m at 31 March 2026, compared with net cash of £6.6m a year earlier, reflecting higher stock held to support demand 1.
Segments
Retail sales
Retail sales to consumers rose 10.0% to £1130.8m, with 64.6k vehicles sold 1. Gross margin held at 7.8% and gross profit per unit rose to £1368, supported by data-led pricing and new ancillary products such as alloy wheel protection 1. Finance attachment rates improved but remain below historic levels because of elevated interest rates 1.
Market context
Motorpoint operates in the UK used-vehicle market, where demand depends on economic conditions and interest rates. The company reported outperforming the used car market significantly, while finance income remained affected by high interest rates 1. Management noted that economic uncertainty returned toward the end of the year, which could weigh on future demand if it persists 1.
UK car finance regulation has tightened: the Financial Conduct Authority announced in March 2026 a compensation scheme that affected lenders rather than dealers, and the company adopted full upfront commission disclosure 1. The company said there had been no material change in finance take-up among its customers following this change 1.
Trends
- High interest ratesheadwind
High interest rates have limited finance commission income and raised the financing costs of stock, lifting the company's finance expense 1.
- Data and AI in pricingtailwind
Expanded use of data and AI supported record margins per vehicle and better stock control, if these tools keep their effectiveness 1.
- Transition to electric vehiclesmixed
The UK government plan to end sales of new petrol and diesel cars by 2035 could change the mix of stock available in the used market 1.
- Economic uncertaintyheadwind
The return of economic uncertainty toward the end of fiscal 2026 could weigh on consumer demand and sales pace if it persists 1.
Competitive position
Motorpoint competes with other used-vehicle dealers and online car-sales platforms in the UK, as well as with wholesale auctions. The available sources do not name specific competitors, so this picture is limited to the general market context.
- Independent used-vehicle dealers
Compete on price and stock range in the UK market; the source gives no further detail.
- Online car-sales platforms
Compete for consumers searching for used vehicles through digital channels.
- Car auction houses
Compete for part-exchange vehicles and direct purchases from consumers.
- Car finance lenders
Influence finance take-up and the commissions dealers can earn.
News & filings
In the press
No news in our archive over the last 180 days.
Annual reports (ESEF)
- Annual report 202625 Jun 2026
- Annual report 202501 Jul 2025
Sources
- [1] Annual report, fiscal year ended 2026-03-31 (ESEF) · SEC / Motorpoint Group Plc · 31 Mar 2026
Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.